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IMF team gives green signal for release of $1.1bn
The International Monetary Fund mission gave the go-ahead yesterday for the release of the fifth tranche of $1.1 billion to…
Rupee climbs against dollar
The US dollar shed 75 paisa against the rupee in the last two days to stay at Rs102 in the…
OGDC shares sale delayed
The sale of 10 per cent shares of the Oil and Gas Development Company (OGDC) has been delayed. The Cabinet…
Bulls charged up to push index beyond 31,000-level
KARACHI: Stocks extended gains on Friday with the KSE-100 index up by 266.26 points or 0.87 per cent to close…
SECP registers 350 new limited companies
The Securities and Exchange Commission of Pakistan (SECP) registered 350 companies in October, an increase of 7 per cent compared…
3 additional companies added to MSCI FM small cap index
MSCI, a leading provider of investment decision support tools worldwide, has announced the results of semi-annual index review for MSCI…
Dutch curbs on cattle trade lifted
The Netherlands Food and Consumer Product Safety Authority on Friday formally lifted cattle import restrictions for Pakistan. In a statement,…
Tech giants fight to stay ahead though massive investments
America’s technology giants are drawing on their huge cash stockpiles to make big bets on investments and acquisitions that could…
Russian Rouble gets boost
The rouble recovered slightly yesterday, paring heavy losses as investors anticipated possible action by the central bank to halt a…